Shredmaster Limited
04073410
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 18/09/2025
Due 02/10/2026
Industry
Officers
director · Since 18/09/2000
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 6 other boards
Former
secretary · Resigned 29/11/2019
director · Resigned 29/11/2019
Persons with Significant Control
Mr David Michael Spraggins
British · England · Age 63
78, Larchwood Crescent, Lincoln, LN6 0NF
Notified 06/04/2016
Change History
Active - Proposal to Strike off
Private Limited Company
BEECH HOUSE FREEMAN ROAD
LINCOLN
LN6 9AP
CompanyRankvs 1333+ SIC 38110 peers59
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£512
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1k
Working capital
Current Assets
£5k
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.42 | — |
| 2023 | 1.45 | -£58k |
| 2022 | 2.12 | +£31k |
| 2021 | 1.93 | — |
Derived from filed accounts. Not audited figures.